TORONTO, July 13, 2021 /CNW/ - Green Impact Partners Inc.,
("GIP" or the "Company") (TSXV: GIP), joined Berk Sumen, Head of
TSX Company Services, TMX Group, to celebrate the Company's new
listing on TSX Venture Exchange and open the market.
About Green Impact Partners
GIP is a TSXV publicly-traded clean technology and transition
energy company, which went public on June 1,
2021, through a reverse takeover which included a
$100 million dollar brokered
financing. GIP is focused on leading the transition to a green and
sustainable economy through clean energy and water distribution.
GIP seeks to be impactful partners in a green, more sustainable
future by optimizing late-stage technology to repurpose by-products
into clean energy and other value-added substances. For more
information visit: https://www.greenipi.com/.
Commitment to Sustainable and Inclusive World
GIP's strategic purpose is to provide the world with net zero
earth impact energy and water to facilitate the ever-growing needs
while reducing the current impact of use and consumption. GIP is
focused on developing a best in class ESG program focused on
measuring and reporting on ESG metrics that meet top standards and
disclosure requirements, which includes Executive & Board
gender equality & diversity, alignment with GRESB and UN
sustainable development goals and net zero assessment of full cycle
impact of all business operations and decisions.
Led by a strong, and aligned, Board of Directors and Management
Team, GIPs strategic purpose is coupled with a diligent focus on
driving superior risk-adjusted returns to all stakeholders in the
business.
Board of Directors
Geeta Sankappanavar, Chair of the Board of Directors: Mrs.
Sankappanavar has been a leader in ESG driven businesses and
capital deployment throughout her career. Mrs. Sankappanavar is
recognized as an international thought leader, an advocate for
women's equality and a committed philanthropist. She has been
honoured as one of Canada's Top
100 Most Powerful Women (2014, 2015, 2016, 2017, Hall of Fame),
Alberta's 50 Most Influential
People and Calgary's Top 40 Under
40. Geeta serves as the Chair of the Board of Governors for the
University of Calgary, as a board
member of UNICEF Canada.
Alicia Dubois, Board Member: Mrs.
Dubois is a proud Indigenous professional who serves as Chief
Executive Officer of the Alberta Indigenous Opportunities
Corporation ("AIOC"). In addition Mrs. Dubois is the Co-Chair of
the Board of Directors of the Canadian Council for Aboriginal
Business and served as a member of the Board of Trustees of the
Royal Ontario Museum.
Bruce A. Chan, Board Member: Mr.
Chan has spent nearly 20 years in a variety of senior positions
with Teekay Corporation a publicly traded corporation on the NYSE,
and one of the world's largest marine energy transportation,
storage, and production companies, with offices in 15 countries and
approximately 6,700 seagoing and shore-based employees. In
addition, Mr. Chan currently serves on several boards including BC
Ferries and the Vancouver Fraser Port Authority.
Jeff D. Hunter, Board Member: Mr.
Hunter is a seasoned energy executive with the vast majority of his
experience focused on asset intensive investment platforms and
operating companies including power generating plants, electricity
transmission lines and other critical energy infrastructure.
Senior Executive Management
Jesse Douglas, President, Chief
Executive Officer & Director: Mr. Douglas is the co-founder and
President and Chief Executive Officer of GIP, as well as a Director
of GIP. Mr. Douglas currently serves as Founder, Executive Chair of
Wolverine Energy and Infrastructure Inc. and has led the growth of
Wolverine's business, successfully executing numerous acquisitions
and divestitures to achieve significant consolidation in the
Alberta energy industry through a
downturn. Mr. Douglas has various prior experiences as an
executive, senior manager and owner in multiple construction
businesses.
Kathy Bolton, Chief Financial
Officer: Ms. Bolton, is the Chief Financial Officer of GIP. Ms.
Bolton is the co-founder and former Chief Financial Officer of
BluEarth Renewables Inc. ("BluEarth"), a private renewable energy
company with a significant operating and development presence
across North America that grew
under her leadership. Prior to co-founding BluEarth, Ms. Bolton was
the Chief Financial Officer, at Canadian Hydro Developers Inc.
("Canadian Hydro"), playing a key role in all matters relating to
the C$1.6 billion acquisition of
Canadian Hydro by TransAlta Corporation in 2009.
Nikolaus Kiefer, Executive
Strategic Advisor: Mr. Kiefer is the co-founder of GIP and sits as
an Executive Strategic Advisor of GIP. Mr. Kiefer's background is
focused on Corporate Development and Capital Markets, founding
multiple private companies and previously working as a sell-side
Research Analyst.
Cautionary Statements
This news release contains forward-looking statements and/or
forward-looking information (collectively, "forward-looking
statements") within the meaning of applicable securities
laws. When used in this release, such words as "would",
"will", "anticipates", believes", "explores" and similar
expressions, as they relate to Green Impact Partners Inc. ("GIP"),
or their management, are intended to identify such forward-looking
statements. Such forward-looking statements reflect the
current views of GIP with respect to future events, and are subject
to certain risks, uncertainties and assumptions. Many factors
could cause GIP's actual results, performance or achievements to be
materially different from any expected future results, performance
or achievement that may be expressed or implied by such
forward-looking statements. These forward-looking statements are
subject to numerous risks and uncertainties, including but not
limited to: the impact of general economic conditions in
Canada and the United States, including the ongoing
COVID-19 pandemic; industry conditions including changes in laws
and regulations and/or adoption of new environmental laws and
regulations and changes in how they are interpreted and enforced,
in Canada and the United States; volatility of prices for
energy commodities; change in demand for clean energy to be offered
by GIP; competition; lack of availability of qualified personnel;
obtaining required approvals of regulatory authorities, in
Canada and the United States; ability to access
sufficient capital from internal and external sources; satisfaction
of the conditions to the Transaction; many of which are beyond the
control of GIP. These forward-looking statements reflect material
factors, expectations and assumptions, including the terms of the
Amalgamation and Arrangement Agreement. Forward-looking
statements included in this news release should not be read as
guarantees of future performance or results. Such statements
involve known and unknown risks, uncertainties and other factors
that may cause actual results, performance or achievements to be
materially different from those implied by such forward-looking
statements.
Readers are encouraged to review and carefully consider the
risk factors pertaining to GIP described in the filing statement of
GIP dated May 17, 2021, which is
accessible on GIP's SEDAR issuer profile at www.sedar.com. The
forward-looking statements contained in this release are made as of
the date of this release, and except as may be expressly be
required by law, GIP disclaims any intent, obligation or
undertaking to publicly release any updates or revisions to any
forward-looking statements contained herein whether as a result of
new information, future events or results or otherwise, other than
as required by applicable securities laws.
Management of GIP has included the above summary of
assumptions and risks related to forward-looking statements
provided in this release in order to provide shareholders with a
more complete perspective on GIP's current and future operations
and such information may not be appropriate for other purposes.
GIP's actual results, performance or achievement could differ
materially from those expressed in, or implied by, these
forward-looking statements and, accordingly, no assurance can be
given that any of the events anticipated by the forward-looking
statements will transpire or occur, or if any of them do, what
benefits GIP will derive therefrom.
This news release shall not constitute an offer to sell or
the solicitation of an offer to buy the securities in any
jurisdiction. The securities have not been and will not be
registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act") or any state securities laws
and may not be offered or sold in the
United States except in certain transactions exempt from the
registration requirements of the U.S. Securities Act and applicable
state securities laws.
Readers are cautioned that, except as disclosed in the filing
statement of GIP dated May 17, 2021,
any information released or received with respect to the
Transaction may not be accurate or complete and should not be
relied upon.
For Market Openings: Media may pick up a feed
from the TOC (television operations centre) for all market open
ceremonies. The feed is named TSX Transmit 1 (SD-SDI) and is
produced at the TMX Broadcast Centre and sent live to the TOC. To
pick up the feed via the Dejero network, please contact
avservices@tmx.com. The client feature video will begin playing on
the TMX media wall at approximately 9:27
a.m. ET and the markets will open with the sound of a siren
at 9:30 a.m. ET
Date: Tuesday, July
13, 2021
Time:
9:00am -
9:30am
Place: Virtually Broadcast
SOURCE TSX Venture Exchange